SHRM Blog

The Great Resignation, Stalled

Not long ago—like last month—job hunters seemed to have all the leverage. Nationwide, there were nearly two open jobs for every unemployed person. In some markets the ratio was closer to 3:1. But interest-rate hikes, a significant stock market decline, and the growing possibility of a recession—according to a slew of economists and corporate leaders—have dented the confidence of many would-be job seekers. The pace of new job postings has slowed on various online job sites. Early indications suggest that firms are pulling back on filling open slots. Major retailers have said...

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14 Strategies To Reduce Employee Turnover

How can leaders in an organization help HR professionals reduce employee turnover?

To help leaders best support HR and reduce employee turnover, we asked business leaders and HR professionals this question for their best advice. From scheduling regular meetings to humanizing your hiring process, there are several strategies that help leaders and HR professionals work together to reduce employee turnover in their organizations.

Here are 14 strategies to reduce employee turnover:

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The Inevitable Great Resignation

The LinkedIn network is run amuck with people posting new career adventures. I had questioned whether the Great Resignation was a theme more than a reality. I also questioned if mass professional exodus was a sign of disengagement or simply a trend to bolster individual empowerment. Make no mistake about it, the Great Resignation is here.

There are a few distinct things that drive people from their job:

1. Bad Bosses

2. Lack of Upward Mobility

3.  No Alignment with Company Values

4. Ineffective Products/Solutions

What seems to have been over-looked in the malaise of the Great Resignation is that most of the above is avoidable through individuals taking ownership...

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Two Years Later - Principles of Crisis Management

Two years ago last week, my company entered “crisis mode” in response to the rapid spread of COVID-19. We had no idea at the time that we would still be dealing with this pandemic 2 years later, let alone that we would face social unrest, economic upheaval, security threats, and the personal and collective anxiety that we still feel today. I’m extremely proud of my organization and my colleagues for the way we have managed through this period – we certainly didn’t do everything perfectly, but we showed our employees, our customers,...

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4 Common Recruiting Challenges And How To Overcome Them

It's no secret that recruiting challenges continue to be one of HR's top priorities. From the stories our colleagues share with us about crazy competition, poaching employees from other companies, and salary offers out of the range of their budgets, it reminds me of the current real estate market! Candidates are "selling" their talent just like people are selling their homes. Candidates are demanding top-tier salaries just like home sellers are demanding top prices for their homes. Bidding wars and increasing costs...does it feel like a misalignment of value? And how do...

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Elon Musk's Illusion of Control Undermining Tesla’s Future

Elon Musk recently demanded that all Tesla staff return to the office full-time or “pretend to work somewhere else.” This authoritarian, top-down approach rooted in mistrust and false assumptions goes against best practices reflects an illusion of control that will undermine employee productivity, engagement, innovation, retention, and recruitment at Tesla.

One of Musk’s false assumptions is that employees “pretend” to work from home. Research using both surveys and behavior tracking shows that remote work results in higher productivity. More recently, academics demonstrated a further increase in productivity in remote work, from 5 percent in the summer of 2020 to 9...

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The 12 Biggest HR Trends in 2022

What is the biggest trend HR is facing and will face in the future?

To help you recognize the biggest trends facing HR, we asked small business owners and HR leaders this question for their best insights. From adopting remote work policies to transitioning into a culture of trust, there are several HR trends to be aware of for 2022 and beyond. 

Here are...

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Sparrow: Managing Every Aspect of Employee Leave

Sparrow is a 2022 WorkplaceTech Accelerator (WTA) cohort member. The WTA is a premier program for all things future of work and is powered by SHRMLabs (SHRM’s innovation lab and venture capital arm). Our inaugural 8-week virtual accelerator program is currently underway and is designed to scale up early-stage, growth-driven startups dedicated to elevating HR and solving today’s most pressing workplace challenges. We asked each of the six cohort members to share their story in their own words.  

Sparrow is the first high-tech, high touch leave management solution to help...

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Learning Snippets from #SHRM22

Background:

Earlier this year, in April to be precise, I got the exciting news about me being selected to be part of SHRM22Influencer squad, set up by the social media team of Society for Human Resource Management (SHRM or SHRRM as they say in the US).  I considered it to be a special honour to be the only person based in India to be part of this elite gang and was really excited about the opportunity to be back at an SHRM Annual conference for the 8th time.  

The buildup

Days flew...

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Major League Hacking (MLH): Empowering the Next Generation of Developers

Major League Hacking (MLH) is a 2022 WorkplaceTech Accelerator (WTA) cohort member. The WTA is a premier program for all things future of work and is powered by SHRMLabs (SHRM’s innovation lab and venture capital arm). Our inaugural 8-week virtual accelerator program is currently underway and is designed to scale up early-stage, growth-driven startups dedicated to elevating HR and solving today’s most pressing workplace challenges. We asked each of the six cohort members to share their story in their own words. 

MLH helps with hiring early-career...

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